A network fee charge which has saved Kuehne + Nagel Limited over £17m in corporation tax over six years is under investigation by HMRC, according to the company’s latest annual results. The investigation, revealed in K + N’s annual accounts for the year to 31 December 2018, was triggered following an earlier inquiry by HMRC in 2015 into the company’s payment of a trademark fee. This latest inquiry centres around a network fee charge which K+N pays to Kuehne + […]
Kuehne + Nagel and DHL Tradeteam are working with Costa owner and customer Whitbread on an initiative to standardise product information, removing cost and complexity from the supply chain. The project is running in parallel with the Premier Inn-owner’s involvement with the Food Service Directors’ Group (FSDG’s), which also includes Brakes, Mitchells & Butlers, Unilever and Compass in membership. At a launch event last week for FSDG’s report, The Food Service Information Challenge, the authors claimed standardising product labelling could […]
Kuehne + Nagel has clinched a major contract to manage GlaxoSmithKline’s UK road distribution of consumer and healthcare goods.
Logistic company Kuehne + Nagel has sold its Renault Trucks dealership RH Commercial Vehicles for an undisclosed sum, a year after it bought its parent company The RH Group for £66.9m. The new owners of the East Midlands dealership, that employs 55 people, include its current MD Nigel Baxter and general manager Paul Pearson, who becomes commercial director, as well as Neville and Peter Baxter. Last year the dealership turned over £16m from sales, parts and servicing from its head […]